603110.SS
Price:
$15.59
Market Cap:
$3.14B
New East New Materials Co., Ltd manufactures and sells raw materials for the flexible packaging industry in China. It offers pharmaceutical and food flexible packaging inks, plastic flexible packaging, composite polyurethane adhesives, PCB liquid photosensitive solder resist, and polymer shielding materials. The company was founded in 1983 and is headquartered in Taizhou, China.
Industry
Chemicals - Specialty
IPO Date
2017-10-13
Stock Exchange
SHH
Ticker
603110.SS
According to New East New Materials Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 5.06. This represents a change of 21.75% compared to the average of 4.16 of the last 4 quarters.
The mean historical Current Ratio of New East New Materials Co., Ltd over the last ten years is 3.83. The current 5.06 Current Ratio has changed 13.10% with respect to the historical average. Over the past ten years (40 quarters), 603110.SS's Current Ratio was at its highest in in the March 2020 quarter at 7.21. The Current Ratio was at its lowest in in the September 2016 quarter at 0.
Average
3.83
Median
3.88
Minimum
1.82
Maximum
5.36
Discovering the peaks and valleys of New East New Materials Co., Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 178.07%
Maximum Annual Current Ratio = 5.36
Minimum Annual Increase = -28.69%
Minimum Annual Current Ratio = 1.82
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.32 | -11.53% |
| 2023 | 3.75 | -6.14% |
| 2022 | 4.00 | -7.06% |
| 2021 | 4.30 | 17.00% |
| 2020 | 3.68 | -28.69% |
| 2019 | 5.16 | 3.04% |
| 2018 | 5.01 | -6.65% |
| 2017 | 5.36 | 178.07% |
| 2016 | 1.93 | 5.81% |
| 2015 | 1.82 | 44.29% |
The current Current Ratio of New East New Materials Co., Ltd (603110.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.69
5-year avg
3.81
10-year avg
3.83
New East New Materials Co., Ltd’s Current Ratio is greater than Chongqing Sanxia Paints Co., Ltd (3.02), less than Zhejiang Jihua Group Co., Ltd. (6.56), greater than Ningbo Homelink Eco-iTech Co., Ltd. (1.01), greater than Tianyang New Materials (Shanghai) Technology Co., Ltd. (1.39), greater than Fujian Green Pine Co., Ltd. (2.82), less than Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. (5.48), greater than Juheshun Advanced Material Co., Ltd. (1.47), greater than Hangzhou Gaoxin Rubber & Plastic Materials Co., Ltd. (0.72), greater than Guangdong Huiyun Titanium Industry Co., Ltd. (1.25), less than Jiangsu Boiln Plastics Co., Ltd. (13.65),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.02 | $3.38B | |
| 6.56 | $3.59B | |
| 1.01 | $4.00B | |
| 1.39 | $3.29B | |
| 2.82 | $3.79B | |
| 5.48 | $3.49B | |
| 1.47 | $3.34B | |
| 0.72 | $3.79B | |
| 1.25 | $3.64B | |
| 13.65 | $3.59B |
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